MICR Code: 400052028

Bank: Karnataka Bank
IFSC Code: Karb0000589
MICR Code: 400052028
Address: Ground Floor, Shop No 10,11,12 & 13, Plot No 50 & 51, Sector 15, Millenium Icon, Kharghar, Navi Mumbai 401210, Panvel Taluk
City: Raigad
District: Kharghar
State: Maharashtra

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 400052028.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 028 represents branch. In our case branch is located at address Ground Floor, Shop No 10,11,12 & 13, Plot No 50 & 51, Sector 15, Millenium Icon, Kharghar, Navi Mumbai 401210, Panvel Taluk.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.